After a decade, DLF to re-enter Chennai's residential space
Business Standard|February 28, 2022
Realtor lines up plotted development in OMR, premium high-rise in Central Chennai and another project in Sriperumbudur
SHINE JACOB
After a decade, DLF to re-enter Chennai's residential space

After a span often years, India's largest real estate developer, DLFLtd, is gearing up to re-enter Chennai, one of India's largest markets, through a plotted residential development project in the OMR (Old Mahabalipuram Road) region.

The company is also planning to come up with two other residential projects-a high-rise premium project in Central Chennai and another one at Sriperumbadur on the outskirts of the city.

The OMR project is likely to see an investment of around ₹150 crore, with an expected turnover of around ₹700 crore. After Gurugram, Delhi and Chandigarh, DLF has its highest land bank of around 12 million square feet in Chennai. The project in OMR will be spread across 85 acres and close to 1,500 plots will be available in the range of ₹20 lakh to ₹70 lakh.

هذه القصة مأخوذة من طبعة February 28, 2022 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة February 28, 2022 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.

المزيد من القصص من BUSINESS STANDARD مشاهدة الكل
Business Standard

Stagger FD investments to catch peak rates

While some portion of your money should go into longer-tenure FDs offering higher rates, diversifying across maturities is essential as well

time-read
2 mins  |
May 23, 2024
BHEL slips 8% after below-par Q4 results
Business Standard

BHEL slips 8% after below-par Q4 results

Earnings missed Street expectations

time-read
2 mins  |
May 23, 2024
Sebi cracks the whip in Superior Finlease case
Business Standard

Sebi cracks the whip in Superior Finlease case

The Securities and Exchange Board of India (Sebi) has barred 17 entities and individuals from the securities market for five years and two others for three years each for allegedly operating a pump and dump scheme in Superior Finlease through misleading recommendations through Telegram Channels.

time-read
1 min  |
May 23, 2024
Business Standard

Higher output, reasonable valuations positive for ONGC

Upstream majors ONGC and Oil India (OIL) results for the January-March quarter (Q4) of FY24 suggest better production in future.

time-read
3 mins  |
May 23, 2024
Rebalancing: Adani Enterprises likely to dislodge Wipro from Sensex
Business Standard

Rebalancing: Adani Enterprises likely to dislodge Wipro from Sensex

Adani Enterprises is expected to replace Wipro in the benchmark Sensex.

time-read
1 min  |
May 23, 2024
India's mcap to GDP ratio at 15-yr high of 140%
Business Standard

India's mcap to GDP ratio at 15-yr high of 140%

Current ratio a few notches below all-time high of 149.4%

time-read
2 mins  |
May 23, 2024
Stock traders seek cues from poll shadow bets
Business Standard

Stock traders seek cues from poll shadow bets

Traders in the stock markets are turning to illegal election betting platforms for clues to combat the uncertainty facing citizens and markets alike regarding the outcome of a long general elections.

time-read
1 min  |
May 23, 2024
Healthcare sector most violative of norms: Asci
Business Standard

Healthcare sector most violative of norms: Asci

Most cases of advertisement violation of norms were reported from the health care sector during 2023-24, followed by illegal offshore betting and personal care categories, according to the Advertising Standards Council of India's (Asci's) Annual Complaints Report released on Wednesday.

time-read
2 mins  |
May 23, 2024
Business Standard

Tackling congestion for growing population

Many a time we wonder: \"Are our cities truly prepared?\" This question weighs heavily Lon us as our population grows and our resources dwindle, leaving our cities ill-prepared for what lies ahead.

time-read
3 mins  |
May 23, 2024
The East wind blows harder
Business Standard

The East wind blows harder

The global power balance is shifting as China and Russia assert dominance in technology and diplomacy

time-read
4 mins  |
May 23, 2024